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Buyers taking HDB loan can keep up to S$20k in CPF Ordinary Account

HDB launches 5,101 flats for sale including Build-to-Order flats in Yishun and Punggol, and balance flats

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Published Tue, Aug 28, 2018 · 09:50 PM

    Singapore

    FLAT buyers now have more flexibility in using their Central Provident Fund (CPF) money, the Housing and Development Board said as it launched 5,101 flats for sale from Tuesday.

    Buyers can now keep up to S$20,000 in their CPF Ordinary Accounts (OA) when they take a Housing Board loan. Previously, they had to use all the funds in their OA first.

    CPFHDB

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